Euro. Yesterday an impulse occurred and 17,000 contracts were traded in merely 5 minutes. It’s a really huge volume. Importantly, it happened in the zone that I described earlier. Coincidence? I don’t think so. It’s the key level that is 1.2300 on Forex. The overall picture is the following: we have a false entry, then a strong bullish momentum, and then a rise (which is confusing). After such an impulse I strongly recommend to go long. I expect a pullback towards the area of yesterday’s big volumes from where I’ll think about entering the market.

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